Additional Storage Space Clause Samples

Additional Storage Space. (A) Subject to this Section 2 and to Article 2 of the Lease, as amended hereby, Landlord hereby leases to Tenant, and Tenant hereby hires and takes from Landlord, the portion of Lower Level 3 of the Building that is shown hatched on the schematic annexed as Exhibit "A" attached hereto and made a part hereof (such portion of Lower Level 3 of the Building, the "Additional Storage Space") for a term commencing on the Additional Storage Space Commencement Date (as hereinafter defined) and ending on the Fixed Expiration Date. Tenant shall use the Additional Storage Space for storage purposes and for no other purpose. Landlord shall deliver vacant and exclusive possession of the Additional Storage Space to Tenant with all of the prior occupant's personal property removed therefrom and otherwise in broom-clean "as is" condition on the Additional Storage Space Commencement Date. Landlord shall have no obligation to perform any work or to make any installations in the Additional Storage Space in order to prepare the Additional Storage Space for Tenant's use thereof. The term "Additional Storage Space Commencement Date" shall mean the later to occur of (i) the date that Landlord delivers vacant and exclusive possession of the Additional Storage Space to Tenant in the condition required by this Section 2(A), and (ii) March 1, 2021. Subject to Section 2(C) hereof, if Landlord does not deliver vacant and exclusive possession of the Additional Storage Space to Tenant in the condition required by this Section 2(A) on any particular date for any reason whatsoever, then Landlord shall have no liability to Tenant, and Tenant shall have no right to terminate or rescind the Lease, as amended hereby, or this Amendment, or to reduce the Rental, by reason thereof. Landlord and Tenant intend that this Section 2(A) constitutes an "express provision to the contrary" for purposes of Section 223-a of the New York Real Property Law. Landlord shall provide sufficient electrical capacity to the Additional Storage Space solely for purposes of lighting therein, but shall have no obligation to clean the Additional Storage Space or to provide HVAC, gas, steam, or water thereto; provided, however, that Landlord shall provide fresh air to the Additional Storage Space (which fresh air is tempered during the winter) and general exhaust from the Additional Storage Space.
Additional Storage Space. Concessionaire may lease storage space and/or office space, if it is available, from the Authority. Such storage space will be covered by a separate lease agreement.
Additional Storage Space. Landlord hereby leases to Tenant and Tenant hereby leases from Landlord an “agreed on” eight hundred five (805) square feet of additional storage space on the lower level of the Building, the location and configuration of which are shown on Attachment A (the “Additional Storage Space”), subject to and in accordance with the terms and conditions set forth in this Paragraph. The term of the lease of the Additional Storage Space (the “Additional Storage Space Term”) shall commence on October 1, 2016 (the “Additional Storage Space Commencement Date”) and expire on September 30, 2019. Commencing on the Additional Storage Space Commencement Date, Tenant shall pay, in the same manner and at the same time as payment of the Storage Space Rent (as defined in the Lease), annual rent for the Additional Storage Space (“Additional Storage Space Rent”) in an amount equal to Twelve Dollars ($12.00) multiplied by the total number of square feet of area in the Additional Storage Space. On the first anniversary of the Additional Storage Space Commencement Date and on each anniversary thereafter, the Additional Storage Space Rent shall escalate by an amount equal to two percent (2%) of the Additional Storage Space Rent then in effect. As of the Additional Storage Space Commencement Date, the Additional Storage Space shall become part of the Storage Space (as defined in the Lease) and shall be subject to all terms and provisions of the Lease affecting the Storage Space, except that the Additional Storage Space Term and Additional Storage Space Rent shall be as set forth in this Paragraph, and there shall be no abatement of the Additional Storage Space Rent. Tenant shall accept the Additional Storage Space in its “as is” condition as of the Additional Storage Space Commencement Date.
Additional Storage Space. Beginning on January 1, 2009, or on any earlier date specified by Tenant, Tenant shall lease the approximately 2,508 square feet of storage space on the B-1 level of the Project which is identified as Storage Space B-184 (the “First Additional Storage Space”) for a gross annual rental of Eight Dollars ($8.00) per square foot and otherwise in accordance with all of the terms and conditions which are applicable to the Storage Space which Tenant is leasing from Landlord pursuant to Exhibit L which is attached to the Original Lease. Tenant shall execute and deliver to Landlord such documentation as Landlord may reasonably require to memorialize Tenant’s leasing of the Additional Storage Space.
Additional Storage Space. In addition to the storage space provided ------------------------ and leased to Tenant in the Lease, Landlord hereby rents and leases to Tenant, and Tenant hereby rents and leases from Landlord, six hundred seventy-one (671) square feet (more or less) of basement space in the Building (the "Additional Storage Space"), as more particularly shown on Exhibit "C" attached hereto and ----------- by this reference incorporated herein, upon the same terms and conditions as contained in the Lease, except as follows: (i) the Monthly Rental for the Additional Storage Space shall be Five Hundred Fifty-Nine and 17/100 Dollars ($559.17) (based on $10.00 per square foot per year, and adjusted on the basis of the exact number of square feet within and a part of the Additional Storage Space). (ii) Tenant shall not be obligated to pay "Operating Costs" (as that term is herein defined) with respect to the Additional Storage Space; (iii) Tenant may use the Additional Storage Space only as a storage area and people may not be assigned to work therein on a full time basis; (iv) Landlord shall provide only the following services to the Additional ---- Storage Space: (A) electricity; (B) elevator access; (C) janitor service for common areas; and (D) climate control. (v) The Additional Storage Space shall not be included in determining the number of parking spaces Landlord must provide to Tenant.
Additional Storage Space. In addition to the Storage Locker, which Tenant leases pursuant to the Fourth Amendment, Landlord leases to Tenant and Tenant leases from Landlord, as appurtenant to the Premises, the 1,196 RSF of storage space in the basement of the Building commonly known as “Suite B3”, in its “as-is” condition. Suite B3 has not undergone an inspection by a Certified Access Specialist (CASp). This notice is given pursuant to California Civil Code Section 1938. The term for Suite B3 shall commence as of the Effective Date and thereafter shall run concurrently with the Lease Term for the Original Premises (the “Additional Storage Term”). Tenant shall pay rent for Suite B3 (“Additional Storage Rent”) at the monthly rate of $1,255.00 (i.e., $1.05 per RSF) for each month during the Additional Storage Term from and after the Effective Date. Payments of Additional Storage Rent shall be paid to Landlord and made at the places and times and subject to the conditions specified for payments of Base Rent in Section 4 of the Original Lease. Tenant’s use of Suite B3 shall be subject to all of the provisions of the Lease, including without limitation Sections 6 and 16 of the Original Lease and any rules and regulations from time to time promulgated by Landlord.
Additional Storage Space. In addition to the free cloud storage space included in a Subscription Plan, Customer may also subscribe for additional cloud storage space by applying the Subscribed Fovus Credits in accordance with the Calculation.
Additional Storage Space. In addition to the Storage Locker, which Tenant leases pursuant to the Fourth Amendment, Landlord leases to Tenant and Tenant leases from Landlord, as appurtenant to the Premises, the 1,196 RSF of storage space in the basement of the Building commonly known as “Suite B3”, in its “as-is” condition. Suite B3 has not undergone an inspection by a Certified Access Specialist (CASp). This notice is given pursuant to California Civil Code Section 1938. The term for Suite B3 shall commence as of the Effective Date and thereafter shall run concurrently with the Lease Term for the Original Premises (the “Additional Storage Term”). Tenant shall pay rent for Suite B3 (“Additional Storage Rent”) at the monthly rate of $1,255.00 (i.e., $1.05 per RSF) for each month during the Additional Storage Term from and after the Effective Date. Payments of Additional Storage Rent shall be paid to Landlord and made at the places and times and subject to the conditions specified for payments of Base Rent in Section 4 of the Original Lease. Tenant’s use of Suite B3 shall be subject to all of the provisions of the Lease, including without limitation Sections 6 and 16 of the Original Lease and any rules and regulations from time to time promulgated by Landlord.

Related to Additional Storage Space

  • Additional Space Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

  • Storage Space 37.1. Subject to the provisions of this Article 37 and the provisions of Articles 11, 15, 16, and 25 of this Lease, Landlord hereby leases to Tenant approximately 400 RSF of storage space (“Storage Space”) on the Concourse Level of the Building in the approximate location as depicted on Exhibit “H”. 37.2. Tenant’s right to use the Storage Space will commence on the Commencement Date and terminate on the earlier of (i) 30 days’ prior written notice terminating Tenant’s lease of the Storage Space from either Landlord or Tenant to the other, or (ii) the expiration or earlier termination of the Term of this Lease. 37.3. During the Term, monthly rent for the Storage Space will be $500.00 ($15.00 per RSF) (“Storage Space Rent”), which will be payable in advance, without notice, on the first day of each month during the Term, at same place and in the same manner as the payment of Fixed Rent. 37.4. Tenant agrees to pay monthly, as Additional Rent, for electricity service usage by Tenant in the Storage Space, the cost of which is initially estimated to be $1.75 per RSF (per annum). 37.5. Tenant will use the Storage Space only for the storage and use of Tenant’s compressor unit and vacuum system subject to compliance by Tenant with the following conditions: (i) no noise in the Storage Space which, in the reasonable judgment of Landlord, might disturb other tenants or occupants of the Building will be made or permitted by Tenant, (ii) nothing will be done or permitted in the Storage Space by Tenant which would impair or interfere with the use or enjoyment of other portions of the Building by any tenant or occupant thereof, and (iii) the use of Tenant’s compressor in the Storage Space will be permitted by, and will be in compliance with, all applicable Laws. Tenant will use the Storage Space in a careful, safe and proper manner and install, at its sole cost and expense, any sound attenuation measures required to ensure that no noise will emanate from the Storage Space which might disturb other tenants or occupants of the Building. Tenant will not overload the floor of the Storage Space and agrees to be fully liable for any damages or losses sustained by Landlord as a result of any overloading by Tenant. Tenant will pay Landlord on demand for any damage to the Storage Space caused by misuse or abuse by Tenant, its agent or employees, or any other person entering the Storage Space under express or implied invitation of Tenant. Tenant will not utilize or permit the Storage Space to be used for any purposes prohibited by any applicable Laws. Tenant will not commit waste nor permit waste to be committed nor permit any nuisance in the Storage Space. 37.6. Landlord will provide a lock and key for the Storage Space; however, Tenant agrees that all property of Tenant kept, stored, or used in the Storage Space will be at the sole risk of Tenant and that Landlord will not be liable for any injury or damage to such property. Tenant will carry and maintain, at Tenant’s expense, insurance covering all property and equipment stored, used, or both in the Storage Space. On the Commencement Date Tenant will accept the Storage Space in its then “as-is” condition, without any further improvement by Landlord. Landlord makes no warranty or representation that the Storage Space will be suitable for any particular purpose. 37.7. Tenant will not sublease all or a portion of the Storage Space or assign its right to Lease the Storage Space. 37.8. Landlord reserves the right to relocate the Storage Space to substantially comparable space in the Building in close proximity to the Premises provided that the ability of the central utility delivery systems can deliver “product”, e.g., nitrogen gas, compressed air, to Tenant’s laboratory is unaffected by any relocation. Landlord will give Tenant a written notice of its intention to relocate the Storage Space and in such event Tenant will complete a relocation within 30 days after receipt of written notice. Landlord agrees to reimburse Tenant for its actual reasonable moving costs to such other storage space within the Building.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Expansion Space As used in this paragraph, the term “Expansion Space” means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.